If a Firm Establishes Maximizing Profits as the Most Important

question 60

Multiple Choice

If a firm establishes maximizing profits as the most important goal of the firm, which of the following would not be given proper consideration?

• A) Sales revenues
• B) Profits
• C) Risk of bankruptcy
• D) Cost of goods sold

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Definitions:

Equal

Being the same in value, quantity, or measure between two or more entities or conditions.

Standard Deviation

A measure that quantifies how much a set of data diverges from its mean value.

Northern States

Geographic region consisting of states located in the northern part of a country, often characterized by specific climatic, cultural, or political attributes.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how spread out the values are from the mean.